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The Triple-Helix implementation in the Thai Venture Capital industry

The Triple-Helix implementation in the Thai Venture Capital industry This paper explores the Thai Venture Capital (VC) industry based on the Triple-Helix model. In particular, the characteristics of Triple Helix are analysed in terms of the structure of the VC market as well as the tax regulations related to VC funds. The results reveal that the growth of Thai VC market depends on government interacting with universities and industries. However, major problems inhibit the growth of entrepreneurship including the limited number of potential innovative ventures, the tax regulations concerning VC fund registration and the lack of experience in managing investment risk. The paper concludes by examining the policy implications of this work and recommending changes essential to develop the VC industry. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Technoentrepreneurship Inderscience Publishers

The Triple-Helix implementation in the Thai Venture Capital industry

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1746-5370
eISSN
1746-5389
DOI
10.1504/IJTE.2011.043725
Publisher site
See Article on Publisher Site

Abstract

This paper explores the Thai Venture Capital (VC) industry based on the Triple-Helix model. In particular, the characteristics of Triple Helix are analysed in terms of the structure of the VC market as well as the tax regulations related to VC funds. The results reveal that the growth of Thai VC market depends on government interacting with universities and industries. However, major problems inhibit the growth of entrepreneurship including the limited number of potential innovative ventures, the tax regulations concerning VC fund registration and the lack of experience in managing investment risk. The paper concludes by examining the policy implications of this work and recommending changes essential to develop the VC industry.

Journal

International Journal of TechnoentrepreneurshipInderscience Publishers

Published: Jan 1, 2011

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